
About Pragmatic Equities (India) Private Limited
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Pragmatic Equities (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the portfolio management services segment of the financial services sector. It was incorporated on 30 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66120MH2008PTC181773. Its GSTIN is 27AAECP9730H1Z6 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹65.3 Lakh. It is led by directors including Ayzaz Rehman Motiwala and Faisal Haleem.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nazneen Apartment 2nd Floor 22 Read Cross Street Agripada, Mumbai, Maharashtra, India – 400011.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.96 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹16.27 Lakh (net margin -42.9%) and EBITDA of -₹20.11 Lakh (EBITDA margin -53%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 5% over five years.
The company is associated with 1 brand: Pragmatic Equities.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pragmaticwealth.net.
Company details
CIN history
Pragmatic Equities (India) has one previous CIN (Corporate Identification Number): U74140MH2008PTC181773. The current CIN is U66120MH2008PTC181773, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66120MH2008PTC181773 | Current |
| U74140MH2008PTC181773 | Previous |
Contact details
Pragmatic Equities (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is pragmaticwealth.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNazneen Apartment 2nd Floor 22 Read Cross Street Agripada, Mumbai, Maharashtra, India – 400011
- IndustryFinancial Services, Portfolio Management Services
To see the full contact details of Pragmatic Equities (India) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Pragmatic Equities (India) operates one associated brand: Pragmatic Equities. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Shariah-compliant investment, broking, and advisory services in India. | pragmaticwealth.net |
Business activity
The main business activity of Pragmatic Equities (India) is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Pragmatic Equities (India) Private Limited, buy the company report.
Financials of Pragmatic Equities (India) Private Limited
FY 2025 filings availablePragmatic Equities (India) Private Limited reported revenue of ₹37.96 Lakh (down 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 71% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 426% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹20.11 Lakh | ||||
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| Net Profit (PAT) | -₹16.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -53% | ||||
| Net Profit Margin | -42.9% | ||||
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To see the full financial statements and ratios of Pragmatic Equities (India) Private Limited, buy the company report.
Board of directors of Pragmatic Equities (India) Private Limited
Pragmatic Equities (India) has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayzaz Rehman Motiwala Also directs: Adaaf Advisory Services Private Limited | Director | 10 Jun 2010 | 16 Years 4 Months | Current |
| Faisal Haleem | Director | 31 Dec 2020 | 5 Years 10 Months | Current |
| Nousheen | Director | 20 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Pragmatic Equities (India) Private Limited is audited by Dhalani & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dhalani & Associates | FY 2023 | 113365 |
Shareholding
The shareholding of Pragmatic Equities (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pragmatic Equities (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pragmatic Equities (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pragmatic Equities (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pragmatic Equities (India) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP9730H1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 09AAECP9730H1Z4 | Uttar Pradesh | Active | 24 Jun 2024 |
To see the full GST registrations and return filing status of Pragmatic Equities (India) Private Limited, buy the company report.
Recent activity
Pragmatic Equities (India) Private Limited has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: Nousheen was appointed as Director on 20 Sep 2023.
2 earlier events are in the company report.
Frequently asked questions
Pragmatic Equities (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in portfolio management services, within the financial services industry. It was incorporated on 30 April 2008 (18+ years old) and is registered under CIN U66120MH2008PTC181773.
Pragmatic Equities (India) has 3 current directors:
- Ayzaz Rehman Motiwala - Director
- Faisal Haleem - Director
- Nousheen - Director
The latest financial statements of Pragmatic Equities (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pragmatic Equities (India) is 27AAECP9730H1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAECP9730H1Z4 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Pragmatic Equities (India) is U66120MH2008PTC181773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragmatic Equities (India) was incorporated on 30 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Nousheen was appointed as Director on 20 Sep 2023. Majid Ahmad Shabbir Ahmad Shaikh ceased to be Director on 10 Aug 2022. Adil Imtiaz Merchant ceased to be Director on 24 Feb 2022. Pragmatic Equities (India) has 11 board changes on record in total.
Pragmatic Equities (India) can be reached through the website pragmaticwealth.net. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Pragmatic Equities (India) is at Nazneen Apartment 2nd Floor 22 Read Cross Street Agripada, Mumbai, Maharashtra, India – 400011.
Pragmatic Equities (India) operates in the financial services industry, in the portfolio management services segment.

